Morrow Bank AB announces sale of non-performing loans in Sweden

Sweden, Feb. 11 -- Morrow Bank AB (the "Bank") announced it has entered into a definitive agreement with Arktika Capital AB, to sell a part of the Bank's non-performing unsecured loans (NPL) in Sweden, representing a gross book value of approximately SEK 440 million.The transaction will reduce the Bank's NPL exposure risk, improve capital ratios and is foreseen to affect pre-tax profitability positively. The transaction is subject to approval by the Swedish Financial Supervisory Authority (Finansinspektionen), and is expected to close around the beginning of April 2026.

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